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Chapter 2 · Review Processes  ›  Section IV · Supervisory measures and powers › Article 102

Supervisory measures

1.   Competent authorities shall require an institution to take the necessary measures at an early stage to address relevant problems in the following circumstances:

(a)

the institution does not meet the requirements of this Directive or of Regulation (EU) No 575/2013;

(b)

the competent authorities have evidence that the institution is likely to breach the requirements of this Directive or of Regulation (EU) No 575/2013 within the following 12 months.

2.   For the purposes of paragraph 1, the powers of competent authorities shall include those referred to in Article 104.

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